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Dec 23, 2012
12/12
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monti's resignation sparked concern italy may slip back into a recession. president obama and member hers of the senate will gather today to say good-bye to
monti's resignation sparked concern italy may slip back into a recession. president obama and member hers of the senate will gather today to say good-bye to
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Dec 14, 2012
12/12
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we are still protecting germany, italy, england, and austria from staalin and his successors even though they are now strong enough to meet a threat which in fact doesn't exist. i just had my very able aid marcus rose check this for me. over the last ten years we have spent $3.8 billion in medicare. that's true. during that same period we spent $5.6 billion on the military. the military has been going up faster and it includes an awful lot of expenditure, unnecessary. we're reading today that canada is recoring whether they're going to buy the f-35. the f-35 is a very, very well conceived airplane that's proving to be a great financial disaster. if any agency, the decht housing, the department of education, the department of energy, had a disaster as remotely expensive to the taxpayer as the f-35 my conservative friends would be screaming. so yeah, i agree with them. ironically. that's one area where the republicans want to spend more, where mitt romney criticizes the president for not spending enough. and i'm very encouraged, ed, that in this last election for the first time in my memor
we are still protecting germany, italy, england, and austria from staalin and his successors even though they are now strong enough to meet a threat which in fact doesn't exist. i just had my very able aid marcus rose check this for me. over the last ten years we have spent $3.8 billion in medicare. that's true. during that same period we spent $5.6 billion on the military. the military has been going up faster and it includes an awful lot of expenditure, unnecessary. we're reading today that...
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Dec 18, 2012
12/12
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government in world war ii and was recognized for gallantry and leadership on the battlefield in italy. in that battle, young lieutenant inouye lost his right arm. while recovering from his wounds, he be friended a young soldier, a guy by the name of bob dole, a guy who he would partner with years later. in a same, bob doled called inouye one of the senate's giants. he pushed for hawaii statehood, became the state's first owed voting representative, taking his seat in congress on august 21st, 1959, the same day hawaii became a state. he was the first japanese american who serve in congress. he was elected to the senate in 1962 and he served there ever since. inouye served a lifelong bipartisan friendship with a newby senator, a guy by the name of alaska's ted steven. the two called each other brothers. inouye took part in two of the biggest senate hearings in the 21st century and became a familiar face to many americans. first, there was watergate. >> the committee to re-elect the president and file a report with the government accounting office indicating that the committee had a surp
government in world war ii and was recognized for gallantry and leadership on the battlefield in italy. in that battle, young lieutenant inouye lost his right arm. while recovering from his wounds, he be friended a young soldier, a guy by the name of bob dole, a guy who he would partner with years later. in a same, bob doled called inouye one of the senate's giants. he pushed for hawaii statehood, became the state's first owed voting representative, taking his seat in congress on august 21st,...
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Dec 24, 2012
12/12
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italy closed for trade. the smi closed for trade. we've got the ftse 1100 a couple of points higher. the cac and the ibex 35 just off marginal marginally, as well. i would like to show you what type of performance we've had on a year-to-date basis. rising somewhere in the region of 15% since the beginning of this year. you will note that we have had had a bit of a rally heading towards december. the question is whether we'll see that continue into next year. looking at a slightly broader base, the 600 index here, year-to-date higher by 15%, as well. europe's largest economy, the german market seeing some pretty significant gains as well as the dow jones stocks 50 up by 50%. so this brings its up, can it really continue next year? that's when you want to glance at barons, indicating over the weekend you could be looking at a rally. 20% next year. they singled out a number of stocks that they mentioned next year. by the way, andrew one look like one of the little elves in denmark dressed in my parents' garden. it's very sweet. >> do yo
italy closed for trade. the smi closed for trade. we've got the ftse 1100 a couple of points higher. the cac and the ibex 35 just off marginal marginally, as well. i would like to show you what type of performance we've had on a year-to-date basis. rising somewhere in the region of 15% since the beginning of this year. you will note that we have had had a bit of a rally heading towards december. the question is whether we'll see that continue into next year. looking at a slightly broader base,...
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Dec 23, 2012
12/12
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. >>> italy pulled itself out of the debt crisis. monte is widely credited with saving italy from a financial meltdown after stepping into the prime minister's role following the resignation of silvio berlusconi last year. sparked concern that italy may slip back into a recession. >>> president obama and members of the senate will gather later today to say good-bye to one of their own. senator daniel inouye who served. he died last week of respiratory complications. he was 88. senate majority leader has called on abercrombie to appoint a successor before the end of the year. >>> ted kennedy jr., son of
. >>> italy pulled itself out of the debt crisis. monte is widely credited with saving italy from a financial meltdown after stepping into the prime minister's role following the resignation of silvio berlusconi last year. sparked concern that italy may slip back into a recession. >>> president obama and members of the senate will gather later today to say good-bye to one of their own. senator daniel inouye who served. he died last week of respiratory complications. he was 88....
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Dec 10, 2012
12/12
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CNBC
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no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is eunice eune. how likely is it that we see china hit or surpass these growth targets given the figures showed us? >> well, people are growing concerned about just that. the trade data really highlighted a lot of the problems going forward in terms of the global demand for chinese-made goods. people were really surprised about the export data which came in at 279% growth. everybody had expected to see 9% growth which would already have been a slowdown. they were also quite surprised by the import number, which came in at zer
no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is...
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Dec 28, 2012
12/12
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CNBC
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especially in the case of italy. the country is fulfilling conditions of the ecb if it ever got into needed. it made the fiscal adjustment that was needed. if the country exits recession which we expect to happen next year and the growth at a potential growth rate of say 1 mers, 1.5%, with inflation under control, with interest rates back to levels which were normal for italy before the financial crisis, then all these adjustments altogether show that italy can go back on to a sustainable growth path and -- >> is that with or without berlusconi involved? because end of february are these elections. >> yes. the elections are, of course, more the campaign heading into the elections with all these noises, especially the end ecb noises that we hear from italy. that's going to cause concern that if italy does need help, how likely are they going to be to get it? in the years from 1993 to 2007 italy brought down its debt to gdp ratio to almost 100% and half of that time berlusconi is prime minister. it's not like berluscon
especially in the case of italy. the country is fulfilling conditions of the ecb if it ever got into needed. it made the fiscal adjustment that was needed. if the country exits recession which we expect to happen next year and the growth at a potential growth rate of say 1 mers, 1.5%, with inflation under control, with interest rates back to levels which were normal for italy before the financial crisis, then all these adjustments altogether show that italy can go back on to a sustainable...
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Dec 28, 2012
12/12
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was in terrible shape to begin with and i think you have a lot of austerity fatigue going on spain, italy, portugal, certainly greece. so you have those economic woes. the euro is not going to thrive and it may survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how should people be thinking about this? the average american, and they've been hearing about it for so long and they're not sure it will affect their pocketbook. do you think they will? >> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much
was in terrible shape to begin with and i think you have a lot of austerity fatigue going on spain, italy, portugal, certainly greece. so you have those economic woes. the euro is not going to thrive and it may survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how should people be...
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Dec 23, 2012
12/12
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WJLA
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also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for several days. taking a look at stories -- aning around the nation destroyed a home. used forte was being heat. that is what started the fire around 3:30 a.m. this morning. the house had no smoke detectors. this cruise ship is being anitized after more than hundred people got sick from a virus. the virus was likely carried onto the trip by boarding passengers. e.hip went to venic >> john hammer was arrested in thatt for carrying a gun mexican authorities say was forbidden in that country. hammer says he was going to use shotgun to hunt. in mother says that she is shock that he is finally coming home. it was my first night that i slept on the lawn without getting up. it is the thought of not knowing what is going on. can anyone heard him tonig
also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for several days. taking a look at stories -- aning around the nation destroyed a home. used forte was being heat. that is what started the fire...
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Dec 27, 2012
12/12
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CNBC
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does it matter for italy? we haven't seen yields move much. >> i think the main reason, they're quite different to spain and italy. and markets ignored them. we're all fairly aware of that financing model. i think at some point next year it will probably break down. >>> president mohammed morsi has congratulated egyptians for a new constitution. in a tv address to the nation, mr. morsi said changes maybe necessary. the document is too islamist and has rejected the call for dialogue according to some. >>> a super winter storm that pounded the southeast and midwest is now pounding the northeast. the storm has created havoc on roads and at the airports and this as people start returning home after christmas. more than 1800 u.s. flights have been canceled since tuesday. makes the fact that a lot of usair line stocks were at 1 1/2 year highs yesterday. >>> a u.s. federal jury has found martel in patent violations. carnegie mellon sued marvell in 2009. the company is now hopeful the judge will reverse the verdict, b
does it matter for italy? we haven't seen yields move much. >> i think the main reason, they're quite different to spain and italy. and markets ignored them. we're all fairly aware of that financing model. i think at some point next year it will probably break down. >>> president mohammed morsi has congratulated egyptians for a new constitution. in a tv address to the nation, mr. morsi said changes maybe necessary. the document is too islamist and has rejected the call for...
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Dec 23, 2012
12/12
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., how italy's hard times could shut down some of the most famous tourist destinations. do you see this woman? look at her? do you think she is pretty? of course she is. do i find her irresistible, her bosses did and he fired her, and the court ruled in his favor.on we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >> a new weekend of violence and death and explosions in syria. this is damascus, five people were killed when a car bomb blew up. it filled the streets with debris and tore aparty apartment buildings. 30 people died in attacks across syria and half of them were in damascus. this is india, new delhi to be specific. people being blasted with high pressure water hoses, people are furious when a woman was gang raped and beaten on a moving city bus last weekend. protesters are demandsing changes to india's laws and say women are not safe. the man convicted of stealing the pope's p
., how italy's hard times could shut down some of the most famous tourist destinations. do you see this woman? look at her? do you think she is pretty? of course she is. do i find her irresistible, her bosses did and he fired her, and the court ruled in his favor.on we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts...
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Dec 10, 2012
12/12
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cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him to the beach. the major european averages at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback for from an day to receive additional buyback offers. those would be at deeply discounted prices and that would help lower the country's debt lead. >>> in asia, stocks touched a 16-month high and closed mostly higher on the session with good gains, as you can see, with the kospi up the most, 1.5 points. >> strong nebs out of china which suggest maybe the economy is rebounding more than expected. >> the exports. >> yeah. >> among the cataly
cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him to the beach. the major european averages at this hour,...
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Dec 24, 2012
12/12
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FBC
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we've seen it happened in spain, italy and greece and wherever it's tried. adam: i lived in spain a long time ago. i guess you realize you don't paying it at the time but things are more expensive. david: thank you, gang. thank you very much. thanks to the company. thanks to you for watching. now here are dagen and dennis. hi, gang. dagen: merry christmas. love to your family. david: thank you. same to yours. dagen: i'm dagen mcdowell everybody. dennis: i'm dennis neal -- kneale. dagen: is it the fiscal cliff fears that have shoppers down this season? retailers are reporting slowing sales over the last couple of weeks. dennis: a woman fired for being too attractive and a supreme court says it is legal. dagen: i will bite my tongue because it is the top of the hour and stocks now and every 15 minutes. nicole petallides at the new york stock exchange. hey nicole. nicole: i look forward to hearing more about that particular story as i watch the stock market here, i do see the dow is down about 1/3 of 1%. majority of the dow components are lower. it is december
we've seen it happened in spain, italy and greece and wherever it's tried. adam: i lived in spain a long time ago. i guess you realize you don't paying it at the time but things are more expensive. david: thank you, gang. thank you very much. thanks to the company. thanks to you for watching. now here are dagen and dennis. hi, gang. dagen: merry christmas. love to your family. david: thank you. same to yours. dagen: i'm dagen mcdowell everybody. dennis: i'm dennis neal -- kneale. dagen: is it...
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Dec 7, 2012
12/12
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there's also no political crisis in italy by the way. support has been withdrawn for the group run by monti. berlusconi hinted he may return to politics after stepping down last year. claudia joins us in milan. a number of reports suggested this may not upset investors too much just because we were going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an idea, though, of where berlusconi stands and what the situation is like within that central right next. the pdl has made it clear that there is a serious disagreement within the party. they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to
there's also no political crisis in italy by the way. support has been withdrawn for the group run by monti. berlusconi hinted he may return to politics after stepping down last year. claudia joins us in milan. a number of reports suggested this may not upset investors too much just because we were going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an...
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Dec 12, 2012
12/12
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that was the big discussion in italy yesterday. berlusconi says spreads, this is really just a scam. monty says we should care about spreads. want to bring in a third opinion. let's talk about bepo grillo, founder of the five-star movement. not a political party but a movement which benefits from voters' disenchantment with mr. berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely detached from the real economy. the spread is mental hallucination created by speculation in the banking sector because half of the italian debt is owned by foreign banks. these banks try to get high rate in order to earn more. so we are a victim of banking speculation, of both foreign and domestic banks. we shall detach from the real economy. we need to stop this vicious cycle of debt that is strangling us. >> reporter: many would argue it's the right time for mario monty to leave the political scene. would you agree? >> translator: he needs to disa
that was the big discussion in italy yesterday. berlusconi says spreads, this is really just a scam. monty says we should care about spreads. want to bring in a third opinion. let's talk about bepo grillo, founder of the five-star movement. not a political party but a movement which benefits from voters' disenchantment with mr. berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely...
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Dec 17, 2012
12/12
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WRC
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and i know in italy, you don't wait for everybody else to start. right? is. >> no. >> its mine when it hits the table. you don't put cheese -- >> never. >> in italy they do not put these on their pasta that has fish in it. >> never. >> you want me to taste it. it's hot but -- mmm. oh. wow. >> you need shell and everything because you need to spend the time. >> i have to taste it all. while i'm doing it, tell everybody about the desserts that you brought. of course there is a traditional -- >> christmas cookies. >> how do you say merry christmas, happy new year? >> bon itali. ♪ ♪ >> that's so beautiful. ♪ ♪ >> bring me a barber. >> thank you. >> barb got serenaded. can i just get a plate? >>> it is 11:28 here on "news4 midday." >>> school security. what fair fox county is doing today in response to the connecticut school shooting. >>> plus, is there more rain in this week's forecast? tom kierein is back with an update. >>> and our 12 days of giving continues on "news4 midday." call our volunteers right now at 202-885-4949 if you can help the group
and i know in italy, you don't wait for everybody else to start. right? is. >> no. >> its mine when it hits the table. you don't put cheese -- >> never. >> in italy they do not put these on their pasta that has fish in it. >> never. >> you want me to taste it. it's hot but -- mmm. oh. wow. >> you need shell and everything because you need to spend the time. >> i have to taste it all. while i'm doing it, tell everybody about the desserts that you...
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Dec 20, 2012
12/12
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bob dole often said he and daniel inouye were wounded in italy a week apart and a hill apart. bob dole is 89 today, paying respects to his go friend from the senate, senator inouye, lies in state. and will, until friday. it's swanson flavor boost. concentrated broth to add delicious flavor to your skillet dish in just one stir. mmm! [ female announcer ] cook, meet compliments. get recipes at flavorboost.com. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation.
bob dole often said he and daniel inouye were wounded in italy a week apart and a hill apart. bob dole is 89 today, paying respects to his go friend from the senate, senator inouye, lies in state. and will, until friday. it's swanson flavor boost. concentrated broth to add delicious flavor to your skillet dish in just one stir. mmm! [ female announcer ] cook, meet compliments. get recipes at flavorboost.com. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin...
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Dec 21, 2012
12/12
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CNBC
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we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here because the dollar/yen was lower. it has regained some ground in the last few hours or so. t
we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for...
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Dec 28, 2012
12/12
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. >>> and the huge alimony payments italy's former plea mere is going to have to pay hi second wife. >>> and at dpoo funeral arrangements have not yet been final iced for former army general norman schwarzkopf. the general known as stormin' norman drove iraqi forces out of kuwait during the gulf war. reaction has been pouring in since word of his death. former secretary of state colin powell called him a great patriot and great soldier president obama says we have lost an american original. he died of complications from pneumonia at the age of 78. > >>>. >>> tonight a political dispute could mean heartbreak for some americans. russian president putin signed a las vegas that banned americans from adopting russian children. it's a retaliatory move that has a lot of folks crying foul. >> reporter: president putin signed the bill less than 24 hours after receiving it from the russian parliament. the ban on americans adopt will come into force on january 1st. >>> it's estimated there are more than 700,000 children in russia not living with their parents. >>> what's shocking is they're put
. >>> and the huge alimony payments italy's former plea mere is going to have to pay hi second wife. >>> and at dpoo funeral arrangements have not yet been final iced for former army general norman schwarzkopf. the general known as stormin' norman drove iraqi forces out of kuwait during the gulf war. reaction has been pouring in since word of his death. former secretary of state colin powell called him a great patriot and great soldier president obama says we have lost an...
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Dec 20, 2012
12/12
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spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the white house over the fiscal cliff have started to rise. it's unclear what the bill, known as plan b, will look like. house speaker john boehner has reportedly added spending cuts to convince members it will be worth the vote. president obama has threatened to veto the bill. the president says he's puzzled by what's holding up budget talkes and that house republicans should stop trying to score a point against him. >> take the deal. you know, they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction pack
spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the...
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Dec 18, 2012
12/12
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his unit most decorated in the war caught in a fire fight in italy and inouye shot in the stomach and wounded he continued to fight crawling up a hillside, grabbing a grenade of a wounded arm to kill the germans saving many lives. inouye lost that arm but while recovering from the wounds in the hospital he met two future senate greats. phillip hart and bob dole. they all ended up serving together. he became a key player in american political life for 50 years the vice president today swore in senator patrick leahy. third in line for the presidency. >> so help me god. >> congratulations. bittersweet moment. >> bittersweet indeed. he died with his wife and son at his side. his last word according to his office was, aloha. trusted everywhere. ♪ you make me happy [ female announcer ] choose the same brand your mom trusted for you. children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mut
his unit most decorated in the war caught in a fire fight in italy and inouye shot in the stomach and wounded he continued to fight crawling up a hillside, grabbing a grenade of a wounded arm to kill the germans saving many lives. inouye lost that arm but while recovering from the wounds in the hospital he met two future senate greats. phillip hart and bob dole. they all ended up serving together. he became a key player in american political life for 50 years the vice president today swore in...
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Dec 10, 2012
12/12
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FBC
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he was out in front of italy's debt crisis last year and he lowered the bar in cost. he is a smart guy. he obviously does not want to stay there. investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of course, the announcement that they would be taking a big acquisition. today, it is up more than a percent. cliff natural of about 5%. we should not forget mcdonald's. better same-store sales than expected. coming up in just a few minutes. cash is king at ethan allen peered the furniture retailer throwing a lot more cash at shareholders. they are announcing a one-time payout this month alone. we will get the inside story from ethan allen chairman and ceo farooq kathwari. you have to hear about his plans for china. international expansion is a huge priority. the chinese may like that product. for once, the market riding around. let's get right to the floor show. tra
he was out in front of italy's debt crisis last year and he lowered the bar in cost. he is a smart guy. he obviously does not want to stay there. investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of course, the announcement that they would be taking a big acquisition. today, it is up...
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Dec 18, 2012
12/12
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WGN
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inouye lost his right arm during a world war two battle in italy. he was awarded the medal of honor the nation's highest honor for valor. inouye died yesterday of respiratory complications. his office says his last word was aloha. a victory for the teen who took a stand against the makers of the easy bake oven. 13-year-old mckenna pope met with executives from hasbro yesterday. asking for an oven that's not pink or purple so that boys can use it. she says her brother wants one for christmas. well mckenna got her wish. hasbro says it will make a black and silver version of the popular oven and it will hit store shelves next fall. it also plans to change the packaging to show boys and girls on the box. just ahead the car company paying a record fine over safety violations. and, still to come this midday. executives at fast food giant mcdonald's is urging franchise owners to buck tradition and stay open on holidays. and later in lunchbreak we're making chocolate wafer whoopie cookies with the pastry chef from magnolia bakery. i was living with this all
inouye lost his right arm during a world war two battle in italy. he was awarded the medal of honor the nation's highest honor for valor. inouye died yesterday of respiratory complications. his office says his last word was aloha. a victory for the teen who took a stand against the makers of the easy bake oven. 13-year-old mckenna pope met with executives from hasbro yesterday. asking for an oven that's not pink or purple so that boys can use it. she says her brother wants one for christmas....
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Dec 10, 2012
12/12
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CNBC
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for example, italy. though there is a question of politics going on here, i guess. if we look at other issues, the euro currency has been up a little bit today. there are questions about the dollar index with the fed meeting. if you look at corporate barclays and both continues to super well behaved. not only are we looking for tax avoidance, we being businesses and corporations, but individuals looking for better yields than 1.614 i see on the current ten-year. tyler, back to you. >> rick, thank you very much. >>> one aspect of the fiscal cliff debate that hasn't been hardly noticed is the estate tax. how much gets taxed when the move is moved from one generation it the next? >> death and taxes may be certain, but the death tax as its called is in limbo. the reason, well, the fiscal cliff. the current rate is 35%. only those estates worth 5 million or more have to file. if we go off the cliff the rate shoots up to 55%. anyone worth an estate worth $1 million or more has it file. that will catch tens of thousands of tax payers in the net of the estate tax. republica
for example, italy. though there is a question of politics going on here, i guess. if we look at other issues, the euro currency has been up a little bit today. there are questions about the dollar index with the fed meeting. if you look at corporate barclays and both continues to super well behaved. not only are we looking for tax avoidance, we being businesses and corporations, but individuals looking for better yields than 1.614 i see on the current ten-year. tyler, back to you. >>...
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Dec 9, 2012
12/12
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CSPAN
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venice, italy is flooded. a tornado in italy the other day. japan just had another tsunami. the disaster of sewage and leaks. the climate apex for a meeting was just a in dubai. they came to the conclusion that climate change is over use of fossil fuels and natural gas and oil. the amount of fossil fuels utilize by countries with huge populations such as india and china. we need energy, but we need to move onto clean energy. that is one of the president's priorities. he can create a whole new infrastructure that replaces the military industrial that eisenhower warned us about. host: thank you for the call. speaking along the lines of the environment and the epa. there is this -- from "to the boston globe" -- this from "the l.a. times" -- from "the gazette" in colorado -- our question for you is, what the think the president's no. 1 priority should be? just is joining us on the democrat line. caller: good morning. it was a little bit of serendipity that you read the editorial from "the new york times." i believe the first priority, our entire government should be repairing th
venice, italy is flooded. a tornado in italy the other day. japan just had another tsunami. the disaster of sewage and leaks. the climate apex for a meeting was just a in dubai. they came to the conclusion that climate change is over use of fossil fuels and natural gas and oil. the amount of fossil fuels utilize by countries with huge populations such as india and china. we need energy, but we need to move onto clean energy. that is one of the president's priorities. he can create a whole new...
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253
Dec 13, 2012
12/12
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italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well. back across the board, the guilt down 1.82%. the euro/dollar was barely weaker the last time we checked and now it's drifting a little further. 1.3064. it's still above that level. and the dollar/yen now receding to almost flat if not a little lower on the morning. now european leaders are expected to agree on the next tranche of aid for greece when they meet today. sylvia is in brussels to follow aus of these negotiations for us. sylvia, a torturous route for greece. are they finally going to get this money? if so, what does that change. >> well, it at least gives them a bit of breathing space. it doesn't change anything in terms of the overall dismal situation of the country. there was a letter of the german finance minister yesterday, written so it is by one of the deputies to the german bundes stock where he basically said, we are ready to sign up the next package for greece. this has not been confi
italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well. back across the board, the guilt down 1.82%. the euro/dollar was barely weaker the last time we checked and now it's drifting a little further. 1.3064. it's still above that level. and the dollar/yen now receding to almost flat if not a little lower on the morning. now european leaders are expected to agree on the next tranche of aid for greece when they meet...
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Dec 24, 2012
12/12
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here is sitting down with cnbc italy. yes, we do have a cnbc italy, quite powerful in italy. and he says, oh, he did not want to run for prime minister again but people have been twisting his arm because when he looked at the data, carl, he is the only one who can bring 40% of the vote. the vote is going to be in late february. mario monti just stepped down, the prime minister for the last year or so, passed a budget, said once i pass a budget i'm going to step down. this is monti we're talking about. over the weekend monti put up a plan on the internet and he said, okay. here is my economic plan. if there is a party in this plan i will be the leader of is that party and i, too, will run for prime minister. so this could be very interesting. silvio berlusconi had nothing good to say about mario monti during his interview and said every single economic indicator is lower since monti took over. they have been imposing us an tert measures. he said the markets were happy when monti stepped down and went on to say that the reason berlusconi had to step down in 2011, you remember t
here is sitting down with cnbc italy. yes, we do have a cnbc italy, quite powerful in italy. and he says, oh, he did not want to run for prime minister again but people have been twisting his arm because when he looked at the data, carl, he is the only one who can bring 40% of the vote. the vote is going to be in late february. mario monti just stepped down, the prime minister for the last year or so, passed a budget, said once i pass a budget i'm going to step down. this is monti we're talking...
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Dec 8, 2012
12/12
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i'm bringing jobs from italy and other places. and nobody asks about right to work. give me a break. the unions helped create the middle class. everybody knows it. the fact is that right-to-work states have worse education. they have worse performance, they have higher unemployment. the facts just don't back the governor up. this is a governor that prides himself on having the facts. >> uaw president bob king blamed the koch brothers for helping ram through this legislation. do you believe that? what role did the koch brothers, if any play in all of this? >> it's hard for me to know. i think there is a lot of big money involved. i see this prosperity america. i think that's their outfit. i see equipment and tents and so on. how much big money is flowing around, i don't know. i think they're all over. ed, you have been on this before. we have to get the big corporate money out of politics. this is disgusting. this is a bastardization of our democracy that is taking place. i tell you, democracy is under attack. we have to get the big corporate money out. it's disgustin
i'm bringing jobs from italy and other places. and nobody asks about right to work. give me a break. the unions helped create the middle class. everybody knows it. the fact is that right-to-work states have worse education. they have worse performance, they have higher unemployment. the facts just don't back the governor up. this is a governor that prides himself on having the facts. >> uaw president bob king blamed the koch brothers for helping ram through this legislation. do you...
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Dec 20, 2012
12/12
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started appropriately because of al qaeda's growing influence there in north africa, buzz not located in italy or any place close to north africa. they couldn't get there in time. there was a drone that took pictures but it was unarmed. >> let's bring this to human terms. people like to find somebody responsible. there isn't always somebody responsible. sometimes things break. is it true they were tough in their report, the pickering and mullen report. but in the end are they saying this could have been avoided, really? >> yes, they are. >> if chris stevens wanted to go into a dangerous area, could he have been protected? >> the two phrases that admiral mullen used in the clip that introduced this segment, first there were inadequate sources there. there were requests for more forces. the state department didn't act in a timely way. the bureau which overseas that consulate, that mission, didn't act in a timely way. and the forces were grossly inadequate. an unusual phrase to use. >> partly to save money and partly to rely on the host. we don't have marines at these place. we rely on the libyan
started appropriately because of al qaeda's growing influence there in north africa, buzz not located in italy or any place close to north africa. they couldn't get there in time. there was a drone that took pictures but it was unarmed. >> let's bring this to human terms. people like to find somebody responsible. there isn't always somebody responsible. sometimes things break. is it true they were tough in their report, the pickering and mullen report. but in the end are they saying this...
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Dec 10, 2012
12/12
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silvio berlusconi is not going to end up running italy. i think perhaps a bigger issue at this stage, and this is from deutsche bank whether the virtual intervention we've had, the ecb saying we will intervene if we have to, may now be wearing a little bit thin. there is a knee-jerk reaction. the italian banks, they're all down. they're clogging up the bottom of the stock 600 in europe. so the banks have fallen. some of the industrials have also been marked lower in italy. today for example you could see with alitalia, and telecom italia is also lower. you see a spike higher in italian yield. you'll see the headlines, and they'll be raging about it. bear in mind where we actually are on this quite high yield relative to where we've been. let's get some perspective on what has happened. what i think is more interesting is the fact that it's moved over to spain. do you remember when we had that bad auction. the spanish didn't get as much debt away last tuesday and that really spooked the markets, potentially we're reaching a point at which t
silvio berlusconi is not going to end up running italy. i think perhaps a bigger issue at this stage, and this is from deutsche bank whether the virtual intervention we've had, the ecb saying we will intervene if we have to, may now be wearing a little bit thin. there is a knee-jerk reaction. the italian banks, they're all down. they're clogging up the bottom of the stock 600 in europe. so the banks have fallen. some of the industrials have also been marked lower in italy. today for example you...
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Dec 30, 2012
12/12
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CNNW
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portugal at 7 and italy at 4.5. the point is that whether or not you or s&p or anybody else downgrades the united states is there a danger that it becomes substantially more expensive for the u.s. to borrow money any time in the future? >>. >> a lot of the borrowing costs have been masked by the purchases by the federal reserve bank, they purchase about 75% of what the treasury has issued over the past year. the bigger challenge for a lot of institutional investors with regard to the credit quality of the u.s. is entitlement reform. the unfunded liabilities are in the area of $100 trillion. depending on what type of interest rate or discount rate you use for the future liabilities. >> that's something that we have some time to address. more important than the immediate deficit reduction for a lot of institutional investors, including ourselves. >> i'm going to take it over to jim for a second. jim your firm manages money for individual and institutional investors. what have they been doing ahead of the fiscal cliff.
portugal at 7 and italy at 4.5. the point is that whether or not you or s&p or anybody else downgrades the united states is there a danger that it becomes substantially more expensive for the u.s. to borrow money any time in the future? >>. >> a lot of the borrowing costs have been masked by the purchases by the federal reserve bank, they purchase about 75% of what the treasury has issued over the past year. the bigger challenge for a lot of institutional investors with regard...
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Dec 31, 2012
12/12
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CNNW
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. >> we start this morning with breaking news from italy. a massive cruise ship the costa concordia turned on its side after running aground in january. 32 passengers and crew were killed. the captain says it was an accident not a crime. he now faces charges. the ship's captain is being investigated for manslaughter and abandoning ship. he claims he tripped and fell into a life boat. the sentencing of jerry sandusky. >> carol, jerry sandusky will die in jail. >> a judge sentenced the 68-year-old former penn state assistant football coach to at least 30 years in jail. after he was convicted of 45 counts of child sex abuse. despite the mountain of evidence against him, sandusky continues to proclaim his innocence. he's in the process of appealing his sentence. >>> number three, the shooting of unarmed 17-year-old trayvon martin. >> my son left sanford, florida in a body bag while george zimmerman went home to go to sleep in his own bed. >> accused gunman george zimmerman claims self-defense in a case that sparked international outrage and igni
. >> we start this morning with breaking news from italy. a massive cruise ship the costa concordia turned on its side after running aground in january. 32 passengers and crew were killed. the captain says it was an accident not a crime. he now faces charges. the ship's captain is being investigated for manslaughter and abandoning ship. he claims he tripped and fell into a life boat. the sentencing of jerry sandusky. >> carol, jerry sandusky will die in jail. >> a judge...
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Dec 14, 2012
12/12
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down with the euro and italy has to walk its own way. that is not something that we would like to hear in the eu eurozone or in berlin. >> silvia, thank you so much for your time. >>> now, a weak ahead of the person of the year, the winner, north korean leader kim jong un. the magazine didn't admit that various online campaigns were at work to influence the vote. not necessarily a legitimate tell on who readers would like to see as person of the year. so we're going to cast our own poll on "worldwide exchange." who is your pick for person of the year? e-mails us here, tweet us. i think ross westgate gets my nod. we'll see if maybe he comes out ahead in our unofficial reader poll. staying on that topic, the financial times has named its person of the year. we'll tell you who it is and talk to the newspaper's editor when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick
down with the euro and italy has to walk its own way. that is not something that we would like to hear in the eu eurozone or in berlin. >> silvia, thank you so much for your time. >>> now, a weak ahead of the person of the year, the winner, north korean leader kim jong un. the magazine didn't admit that various online campaigns were at work to influence the vote. not necessarily a legitimate tell on who readers would like to see as person of the year. so we're going to cast our...
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Dec 17, 2012
12/12
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MSNBC
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the united states senate are reporting senator daniel inway who served wonderfully in world war ii in italy has died of respiratory complication. that's dan inouye. he was the longest serving member of the senate for years. his last words according to a statement released by his staff were, aloha. senator daniel inouye, 88 years old, a fine man. why do toys for tots and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. an
the united states senate are reporting senator daniel inway who served wonderfully in world war ii in italy has died of respiratory complication. that's dan inouye. he was the longest serving member of the senate for years. his last words according to a statement released by his staff were, aloha. senator daniel inouye, 88 years old, a fine man. why do toys for tots and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage....
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Dec 3, 2012
12/12
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FOXNEWSW
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the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of the mess and now they are doing well economically because they cut, not just cut spending in the washington sense of increasing it at a slower rate they spent less one year after the other and now they are out of the trouble. if you understand the right definition of austerity is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't k
the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of...
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Dec 24, 2012
12/12
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FOXNEWSW
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he was wounded one hill away in italy from where former senator bob dole was also wounded. harry reid was in hawaii talked about how hie motionnal bob dol got when he saw senator inouye's casket in the rotunda. >> he wasn't just satisfied to be there he wanted up on the platform so he could reach his friend of 60 years dan inouye. it was a little struggle but he got up there and soldier to soldier with his left hand he sal lawsuit-- saluted his soldi friend of 60 years. >> now i want to make clear senator inouye was the recipient of the medal of honor. today i said he was awarded the medal of honor. big difference. he earned it. he was a recipient. i understand ball bouka and dakota meyers who were both recipients were told i said that. i want to clarify senator inouye all three of the men received the honor. great, great honor. >> you have cleared it up for us. y we will hear the flip side of this and talk about what was going on in the mainland. >> the president is on vacation obviously. is he doing other work that might bring him back to bring us back from the fiscal cli
he was wounded one hill away in italy from where former senator bob dole was also wounded. harry reid was in hawaii talked about how hie motionnal bob dol got when he saw senator inouye's casket in the rotunda. >> he wasn't just satisfied to be there he wanted up on the platform so he could reach his friend of 60 years dan inouye. it was a little struggle but he got up there and soldier to soldier with his left hand he sal lawsuit-- saluted his soldi friend of 60 years. >> now i...
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Dec 14, 2012
12/12
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david apollo is on loan from italy, it's in d.c. now, and to find out why david apollo is totally into politics, you have to check out my must read, it's on my facebook page, at facebook.com/janico. [ phillips' lady ] live the regular life. phillips'. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't wo
david apollo is on loan from italy, it's in d.c. now, and to find out why david apollo is totally into politics, you have to check out my must read, it's on my facebook page, at facebook.com/janico. [ phillips' lady ] live the regular life. phillips'. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood...
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Dec 28, 2012
12/12
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MSNBCW
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yes, italy is a socialist country, as is every country in the world, the united states of america where the movement toward marge equality is far less sociallistic than many countries where it is mayis mak little or no progress and the guys who have taken a life time vow have proven again that they know nothing about marriage. and they prove that they don't know much about socialis many either. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having diff
yes, italy is a socialist country, as is every country in the world, the united states of america where the movement toward marge equality is far less sociallistic than many countries where it is mayis mak little or no progress and the guys who have taken a life time vow have proven again that they know nothing about marriage. and they prove that they don't know much about socialis many either. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene....
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190
Dec 28, 2012
12/12
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CNBC
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. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain the volatility issue at a minimum. where do we go over the next two days of trading? we have today, we have monday and obviously we don't have tuesday. >> well, i don't know that we do a whole lot. i believe markets are just on the sidelines since before the start of the holidays for the most part. i believe there were some people holding out waiting for a fiscal cliff solution. i think we're going over the cliff, but we're grabbing one of those cartoon roots sticking out as we go over it. i think it will be a matter of days before just the political pressure of going over the cliff causes them to do about a 12-month deal. it's just -- i don't know. i hesitate to say the word ridiculous, but it's just ridiculous to watch. so market participants, the short-term market participants are on the sidelines. i
. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain the volatility issue at a minimum. where do we go over the next two days of trading? we have today, we have monday and obviously we don't have tuesday. >> well, i don't know that we do a whole...
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Dec 17, 2012
12/12
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CNBC
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italy is coming in. again, we'll keep an eye for my comments from mario monti throughout the day. >> the market is focused on the yen. it's been weaker across the board today. the yen has been down for the lowest in a year against the greenback. we hit 84.48. it's pulled back from that. sterling/dollar is steady at 1.6185. plenty of focus on the dollar and continuing ongoing fiscal cliff discussions. meanwhile, in china, leaders there have wrapped up their weekend of economic plan, a list of must-dos next year. also across expectations of any big stimulus, much like the $600,000 boost that we got in 2009. eunice is with us once again from beijing. hi, eunice. sum it up for us. >> well, i would say that we saw a lot of bright moves, a lot of brush strokes, but nothing in terms of specifics. for the most part, the policymakers were saying all the right things. they were saying they hope to see more economic reforms, that they hope to see more in terms of a shift in terms of, you know, moving the economy aw
italy is coming in. again, we'll keep an eye for my comments from mario monti throughout the day. >> the market is focused on the yen. it's been weaker across the board today. the yen has been down for the lowest in a year against the greenback. we hit 84.48. it's pulled back from that. sterling/dollar is steady at 1.6185. plenty of focus on the dollar and continuing ongoing fiscal cliff discussions. meanwhile, in china, leaders there have wrapped up their weekend of economic plan, a list...
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Dec 11, 2012
12/12
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FBC
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ashley: chile, taiwan, italy. not so great. >> unfortunately for chile, doesn't have anything going on for it. the third most expensive country to follow, high risk, no momentum, unfortunate for them. italy cheap, everything else is a disaster. taiwan less risky, poor evaluations, poor momentum, poor fundamentals. ashley: appreciated, thank you for being here. tracy: everything isn't a disaster. they are lovers. it is all you need. to live on nothing. liz claman takes us through the last hour of trading talking of fiscal cliff and housing demand. plus, imax ceo is there to talk movies. "countdown to the closing bell" is next. don't go anywhere. my likes invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade.
ashley: chile, taiwan, italy. not so great. >> unfortunately for chile, doesn't have anything going on for it. the third most expensive country to follow, high risk, no momentum, unfortunate for them. italy cheap, everything else is a disaster. taiwan less risky, poor evaluations, poor momentum, poor fundamentals. ashley: appreciated, thank you for being here. tracy: everything isn't a disaster. they are lovers. it is all you need. to live on nothing. liz claman takes us through the last...
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there is now flows again from italy into spain. we're seeing in portugal yields are falling further. all in all, this is sending a general message that the risk premium are coming down and continue to be gradually reduced. >> and how much more momentum is there? we've been waiting for the forced hand on spain. but frankly, there's little sign of pressure right now. >> i fully agree. as long as this continues, the probability of spain moving into such a program is coming down. obviously, the big question out there is whether we will see this translate into some sort of better market position. but for a second leg down in substantial lower yields, you would want to see improving economic conditions in these countries and improving deficites and stabilization in debt to gdp ratios. and i think that is still a long way off. so i wouldn't be surprised if sentiment changes in the course of next year. but it doesn't seem to be something that will happen over the next one or two months. >> let's talk about next year. ing does ease systemic
there is now flows again from italy into spain. we're seeing in portugal yields are falling further. all in all, this is sending a general message that the risk premium are coming down and continue to be gradually reduced. >> and how much more momentum is there? we've been waiting for the forced hand on spain. but frankly, there's little sign of pressure right now. >> i fully agree. as long as this continues, the probability of spain moving into such a program is coming down....
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i'm bringing jobs from italy and other places. and nobody asks about right to work. give me a break. the unions helped create the middle class. the fact is that right to work states have worse education. they have worse performance, higher unemployment. the facts just don't back the governor up. this is a governor that prides himself on having the facts. >> bob king blamed the koch brothers for helping ram through this legislation. what roeld role did they play in any of this? >> there's a lot of big money involved. i see this prosperity america. that's their outfit. i see equipment and so on. i don't know how much money is flowing around. i think they are all over. you have been on this before. we have to get the big corporate money out of politics. this is disgusting. i tell you democracy is under attack. we have to get the big corporate money out. it's disgusting to think the koch brothers money can make it happen. working people are under attack. i believe there will be repercussions. >> in what way? >> the governor is making a huge mistake. i know 14 is a ways o
i'm bringing jobs from italy and other places. and nobody asks about right to work. give me a break. the unions helped create the middle class. the fact is that right to work states have worse education. they have worse performance, higher unemployment. the facts just don't back the governor up. this is a governor that prides himself on having the facts. >> bob king blamed the koch brothers for helping ram through this legislation. what roeld role did they play in any of this? >>...